Green Energy Projects Reflect 70% of Proposed Power Generation Capacity in Vermont

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Researched by Industrial Info Resources (Sugar Land, Texas)--Developers in the Green Mountain State of Vermont are looking to add about 536 megawatts (MW), an increase of about 57%, to the current generation capacity of 938 MW. About 20% of the existing generation capacity is made up of renewable energy. About 70% of the proposed generation, or 376 MW, will be made up of renewable energy, meaning 38% of the state's total generation capacity of 1,470 MW will be from "green" energy sources.

Click on the image at right for a breakdown of proposed power generation capacity in Vermont.

The largest proposed project is a conventional thermal power project, the 120-MW natural gas combined-cycle Northeast Kingdom power plant new Newport, Vermont, owned by Black Bear Energy Corporation, a subsidiary of Russon Incorporated (Alexandria, Virginia). Another project is the 25-MW biomass Access Ludlow Clean Energy Project in Ludlow, Vermont, owned by Access Energy LLC (Park City, Utah).

There are 10 windfarms planned, ranging in size from 9 MW to 50 MW that could cost up to $750 million with the current average cost of building a windfarm at $2,000 per kilowatt. Windfarm developers include:

• First Wind Holdings LLC (Newton Center, Massachusetts)
• Iberdrola Renewables (Portland, Oregon), a subsidiary of Grupo Iberdrola SA (MCE:IBE) (Bilbao, Spain)
• Green Mountain Power Corporation (Colchester, Vermont)
• Noble Environmental Power LLC (Essex, Connecticut)

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